New systems designer here. Jeremy and I looked at the numbers on the rifle and made some changes. The left click now has a much faster rate of fire and a longer range, more similar to a sniper rifle. I also fixed a bug that was causing one of the ranks to scale incorrectly. This will result in a significant overall DPS increase.
The right click's area of effect has been significantly increased, but the damage was slightly lowered to compensate. The cooldown for the right click is very fast, so with the increased area of effect, this should (in theory) be much more useful now.
Thanks for the feedback!
And these changes are going to be applied "S O O N"???
Yes, the weapon will soon be getting a balance pass. It will never be one of those "better than everything else" sort of hand-cannons, but it will be brought in line with similar weaponry.
AFAIK most of us don't really want it to be "better than everything else", since that would lead to people using nothing else in PvP. On the other hand, it probably should be comparable to existing blue-quality weapons of the same Mark level.